Having multiple financial goals at once has become commonplace, from preparing for children’s education, business development, maintaining a lifestyle and preparing for retirement. However, changing economic conditions and asset values mean that the journey toward each goal does not always go according to plan. As a result, many people choose to prepare for each financial goal separately, with its own instrument and strategy.

However, this raises a common question: “Does each of these goals have to be prepared through a separate instrument?” The answer is not about separating everything, but about ensuring that each instrument serves the right purpose based on specific needs and when the funds will be needed.

Each financial instrument plays a different role depending on the time horizon and specific needs. An emergency fund, for example, provides liquidity for urgent needs, so investment assets do not have to be used. Meanwhile, for longer term financial goals, multipurpose insurance can serve as an instrument that combines protection and wealth planning.

Therefore, effective financial planning requires assessing financial needs and determining when funds may be needed without disrupting other financial goals. In this context, life insurance can serve not only as protection when risks arise but also as a multipurpose solution that provides benefits to support various long term financial plans.

VALUE+: Flexibility That Evolves With Your Plans

Value Income Assurance (VALUE+) is designed to address these needs. As a traditional life insurance policy, this product comes with Multipurpose Benefits that allow a single policy to support various financial needs simultaneously, without the need for an initial medical examination and with a 20 year coverage term.

The no medical examination process makes the coverage easier and faster to access, while the coverage term provides a timeframe that can align with long term financial goals, ranging from children’s education and business development to retirement planning. With flexibility at its core, VALUE+ is not designed for a single specific purpose but can adapt to a family’s evolving needs over time.

Here are some of the key benefits offered by VALUE+:

1. End of Coverage Period Benefit
   Up to 1,790% of the annualized Basic Insurance Premium
2. Death Benefit
   Up to 150% of the total Basic Insurance Premiums paid
3. Annual Cash Benefit Option (Boost Plan Only)
   Up to 25% of the annualized Basic Insurance Premium after the Premium Payment Period ends until the Coverage Period expires
4. Flexible Premiums with Currency Options
   Premium options are available in 2 currencies, Rupiah and US$, to suit different needs

VALUE+ PLAN OPTIONS

In line with the flexibility at the heart of VALUE+, you can choose the plan that best suits your financial priorities. VALUE+ is available in two plan options, offering either maximum protection or additional cash benefits.

• Plan Core:
  Provides optimal protection and a Maturity Benefit of up to 1,790% of the annualized Basic Insurance Premium.
• Plan Boost:
  Includes Annual Cash Benefits of up to 25% of the annualized Basic Insurance Premium, providing greater financial flexibility.

Ultimately, managing diverse financial goals amid ever changing economic conditions requires more than sufficient funds. It requires a flexible solution that can adapt to your life journey.

VALUE+ can serve as a flexible financial solution to support the long journey toward realizing a family’s dreams. As an adaptive strategy, VALUE+ is designed to address various financial dynamics and unexpected risks while supporting future financial goals without having to sacrifice the lifestyle you’ve built today.

If you’d like to learn more about this product, visit a BCA Life Financial Advisor at the nearest BCA branch.